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(ASHAPURMIN_BE) Ashapura Minechem complete technical analysis [charts+indicators] | Buy/Sell Ashapura Minechem | (ASHAPURMIN_BE) share price targets

Complete technical analysis of Ashapura Minechem (ASHAPURMIN_BE) by charts plus indicators, forecast predictions and share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Ashapura Minechem is 162598

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	337.15	306.00	337.50	305.40	1.3 times
13 Wed Mar 2024	321.45	335.00	343.90	321.45	0.635 times
12 Tue Mar 2024	338.35	353.10	358.00	338.35	1.358 times
11 Mon Mar 2024	356.15	362.40	374.40	352.60	0.758 times
07 Thu Mar 2024	362.40	378.00	378.50	361.60	0.494 times
16 Fri Feb 2024	353.70	373.00	373.00	351.00	0.783 times
15 Thu Feb 2024	364.35	378.00	378.00	354.50	1.404 times
14 Wed Feb 2024	373.15	363.80	374.00	355.05	1.082 times
13 Tue Feb 2024	363.80	361.00	375.00	357.85	1.463 times
12 Mon Feb 2024	376.65	385.00	391.00	372.45	1.147 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 351.1, but if it comes above 351.1, then a intra day buy could be more profitable.
If you take a sell trade below 351.1, then use 351.1 as stoploss and 312.1 as target. However if you take a buy trade in stock , then use 351.1 as stoploss and 383.63 as target.

Share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Target	291.00
Downside Target	305.40
Upside Target	351.00
Upside Target	374.40
Upside Target	391.00
Upside Target	405.65
Upside Target	414.50
Upside Target	424.95
Upside Target	425.95
Upside Target	436.05
Upside Target	437.95
Upside Target	483.20

Intraday share price targets for Ashapura Minechem (ASHAPURMIN_BE)

Target Type	Value
Downside Intraday Target	303.57
Downside Intraday Target	269.98
Upside Intraday Target	372.57
Upside Intraday Target	407.98
Upside Intraday Target	338.98

Weekly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	337.15	362.40	374.40	305.40	8.201 times
07 Thu Mar 2024	362.40	378.00	378.50	361.60	0.084 times
16 Fri Feb 2024	353.70	385.00	391.00	351.00	1.558 times
09 Fri Feb 2024	392.05	420.00	424.95	386.30	1.591 times
02 Fri Feb 2024	420.75	436.05	436.05	414.50	0.706 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ashapura Minechem (ASHAPURMIN_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	337.15	378.00	378.50	305.40	0.419 times
16 Fri Feb 2024	353.70	421.50	425.95	351.00	2.383 times
31 Wed Jan 2024	419.30	414.00	437.95	405.65	0.219 times
22 Fri Dec 2023	418.55	368.85	483.20	357.75	0.792 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ashapura Minechem (ASHAPURMIN_BE)

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ashapura Minechem ( (ASHAPURMIN_BE) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Ashapura Minechem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ashapura Minechem in short term and the sell signal is strong.

Ashapura Minechem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ashapura Minechem in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ashapura Minechem is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 355.66 and Ashapura Minechem (ASHAPURMIN_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ashapura Minechem (ASHAPURMIN_BE) stock. Volume based technical analysis of Ashapura Minechem (ASHAPURMIN_BE) stock is negative.

Ashapura Minechem Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.